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CBS
Dec 28, 2012 4:00am EST
're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours. outside the beltway, carlino will be watching. >> everyone is kind of in a wait-and-see and fingers-crossed per expect tichb right now. >> since 1930 this is only the fifth time congress has worked after christmas. and today's summit is the first time presiden
CBS
Dec 28, 2012 4:00am PST
-bismol to-go. hours.. can congress come to a compromise? the fiscal cliff showdown resumes with face-to-face negotiations.. muni celebrates a big milestone.. and they're givg all of us a gift!! and.. putin puts a stop to l u-s adoptions.. why?? plus meet one family who's gotten stuck in the middle this international dispute. join us for cbs 5 eyewitness news this morning... beginng at 4:30. good morning. it's friday, ,,,, >>> here's look at forecast in some cities around the country. washington, d.c., partly sunny, 42. atlanta, partly sunny, 54. st. louis, cloudy, 38, denver, mostly cloudy, 33, seattle, mostly cloudy, 44 degrees. >>> here's another look at this morning's top stories. general norman swargts schwarzkopf died at his home yesterday in tampa, florida. he drove iraqi forces out of kuwait. he died from complications related to pneumonia. he was 78 years old. >>> and president obama meets with congressional leaders this afternoon at the white house to try to cut a deal to avoid the so-called fiscal cliff. in just four days across-the-board spending cuts take effect. >>> if p
CBS
Dec 25, 2012 4:00am PST
on fiscal cliff negotiations. before he left washington, the president said he believes a deal could be made before the december 31 deadline. >>> u.s. troops celebrated their 12th consecutive christmas in afghanistan. service men and women attended a service at the nato base in kabul, sang some carols, then enjoyed a holiday dinner. >>> and coming up on the "morning news," he may be messy funny, jack klugman from "the odd couple "has died. a look back at his remarkable career. [ female announcer ] introducing u the latest coffee machine from nespresso. modular. intuitive. combines espresso and fresh milk. the new u. nespresso. what else? available at these fine retailers. >>> firefighters in california battled a raging river yesterday to rescue a homeless man. he was living on an island in the los angeles river and got into trouble after a fast-moving storm tore through the area. rescuers used an inflatable boat to reach the island and tossed ropes to the man which he tied around a tree. the man was taken to the hospital and treated for hypothermia. >>> former president george h.w. bush is s
CBS
Dec 26, 2012 4:00am PST
the fiscal cliff is leaving the future uncertain for one law, and farmers depend on that law. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really makes it uncertain for what you should do next year. >> reporter: steve is a pharmacist here and a rice farmer. >> people are nervous. >> very nervous. >> what are they saying when they're coming in? what are you hearing? >> what do we do? they don't know what to do. it's so uncertain right now that the banks don't know what to do, the farmers don't know what to do. they're out there plowing the land, getting it all prepared for next year with total uncertainty. >> reporter: at stake? $154 billion in federal farm aid and crop insurance sidelined by the fiscal cliff stalemate. benefits from the farm bill also guarantee rice farmer l.g. ron that his costs are covered when crops are bad or demand drops. >> so you would be out of it if there was no subsidy? >> i will be looking for
Search Results 0 to 3 of about 4